The_Cannalyst

The_Cannalyst

AMMJ established 2 Tradingboxes. - Big Tradingbox: 0,35$-0,51$ - Small Tradingbox: 0,35$ -0,42$ I think the zone between these marks has a neutral character. Action is just needed at the edges of the Boxes: Scalping ideas: -Buying the Support @ 0,35$ --> shortterm-target: 0,42$, middleterm target: 0,51 -Selling the upper box-edges: shortterm, fix @ 0,42 -->...

The_Cannalyst

The support @ 2,75$ should better not fall :-) the zone between 2,75-3,4 seemes to be neutral - just good for scalping..buying the suport @ 2,75$ for example -Prices > 3,45 will generate a technical target @ 4,05$ / 5$ -Prices < 2,75 will generate a technical middleterm taget @ 1,6$ If you like my analysis and find it useful, please take a second and hit the LIKE...

The_Cannalyst

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The_Cannalyst

In the long term CNAB shows a head shoulder with its neckline @ 42-47$. A break would be fatal. Technically, a sell out can be exspected under this level. In the short term CNAB is well supported @ 0,6$. I think the zone between - 0,6-0,8 has a neutral character (scalping box between 0,6-0,8) -Prices > 0,8$ will generate a technical short-middleterm target @...

The_Cannalyst

The break of the resistance @ 31,25$ (62,5$) generated a trading-buy-signal with target @ 36,25$ (72,5$). At this level INSY seems to be a bit overbought, so a shortterm-consolidation to the breakout-level has to be considered. This is the level to watch! - If INSY doesn’t break anymore through the supportlevel @ 31,25$ a wave to 40/46$ is perhaps possible If...

The_Cannalyst

XXII caught in the longterm-downtrend: At the Moment we can see three different Trends: -The Long term downtrend (orange counting) -The middle-Term-uptrend (yellow counting) -The possible short-term-downtrend (red counting) Long-Term view: Since more than one year, XXII is caught in his downtrend. If a new low occurs in this trend, that would be a very hard...

The_Cannalyst

Update to my former analysis: The last shortterm-support @ 11250 turned into a resistance. 3 red days followed. Yesterday i updated my analysis and answered jimmy_honkong, that a rebound back to the level @ 11250 would be possible. Today we saw huge buyers in the market and the dax closed @ 11.265,39. But what were the signals i saw to make me think that...

The_Cannalyst

The long term trend since Oct 14 has to be discussed. Dax is close to his last shortterm- support at 11250. This is the level to watch. Prices higher than this Level will establish the Support and will turn the short-term situation into neutral -bullish. If 11250 turns into a restistance, he could drop to 10250-10500. This Level is similar to the Fibo 50. Prices...

The_Cannalyst

Nach dem massiven Abverkauf von 116 auf 45$ konnte sich Brent bis fast zum 38er Fibo bei 72$ erholen. (rote 123er-Zählung) Die Erholung seit dem Tief konnte bisher einen kurz-mittelfristigen Aufwärtstrend (grüner Kanal) ausbilden (orangefarbene 123er Zählung) -Momentan befindet sich Brent an der kurz-mittelfristigen Aufwärtskanalunterkante, die dem letzten Hoch...

The_Cannalyst

- Fällt die Unterstützung (Nackenlinie) bei 16,20 ist mit Abgaben Richtung 15 bzw. 14,25 zu rechnen. - Das Chartbild hellt sich erst wieder mit Kursen > 17,25 (rechte Schulter) auf. - Darüber wäre Platz bis zum letzten Hoch bei 18,15. Darüber wäre charttechnisch freie Bahn -If price breakes through major support Level (16,2 = neckline) target 1 (trend) is 15 , ...

The_Cannalyst

Technically currently 3 scenarios are possible : Variant A : The resistance @ about $ 134 can be overcome immediately . The opened immediately the chance on another high . Projecting the trend line to get to a potential target price @ $ 145 . Variant B : The resistance holds again : Another test of the consolidation phase bottom at about $ 124.5 must be planned...

The_Cannalyst

Since the AlltimeHigh at 12,500 the Dax consolidated since today round about 1000 points. As long as the current short trend ist valid and continues (courses less 11750 or last valid "3") we can exspect new lows. A first conceivable target price on the bottom would be the 38 Fibonacchi retracement at 10860 points, which is corresponding by Voigt's 123...